Apollo Global to buy Aspen Insurance in $2.6 bln deal
Apollo Global Management agreed Aug. 28 to buy Aspen Insurance Holdings Ltd in a deal valued at $2.6 billion. Apollo is paying $42.75 cash for each outstanding Aspen share. The sale is expected to close during the first half of 2019. Willis Towers Watson, Libero Ventures and Sidley Austin LLP advised Apollo. Goldman Sachs & Co LLC and J.P. Morgan Securities LLC provided financial advice to Aspen, while Willkie Farr & Gallagher LLP was its legal adviser.
28 August 2018•3 mins read
